Premco Global shareholders approved a final dividend of ₹2 per equity share for FY26 at its 42nd Annual General Meeting held on September 2, 2026. The payout is for shareholders on record as of August 26, 2026.

The company confirmed that all three ordinary resolutions were duly approved by shareholders with the requisite majority. The meeting was conducted via video conferencing from its Mumbai registered office. Shareholders voted on the adoption of financial statements, dividend declarations, and the re-appointment of a director.

Voting Results and Resolutions

The Scrutinizer’s Report, issued by Vyoma Desai of Abbas Lakdawalla & Associates LLP, detailed the voting outcomes. A total of 5,965 shareholders were on record as of August 26, 2026. Remote e-voting was facilitated by Bigshare Services Private Limited from August 29 to September 1, 2026.

All three resolutions received near-unanimous support. The promoters voted in favor of all resolutions, while public shareholders also overwhelmingly approved the agenda items. Only one vote against was recorded across all resolutions, cast by a single non-institutional public shareholder.

Dividend Details

The dividend, recommended by the Board of Directors at its meeting held on May 11, 2026, was formally approved by members via an ordinary resolution pursuant to Regulation 30 of the SEBI Listing Regulations. The face value of each equity share remains at ₹10.

The Chairman informed members that the Statutory Auditors’ Report on the standalone and consolidated financial statements for the year ended March 31, 2026, contained no qualifications or adverse remarks.

Compliance Observation

A notable exception appeared in the Secretarial Audit Report. The company failed to publish a prescribed advertisement in an English language national daily newspaper with circulation across India, as required under Regulation 47 of the SEBI Listing Regulations.

During the review period, advertisements were published only in one English language city-circulating newspaper and one regional daily. Members permitted the reading of the remaining report contents despite this specific non-compliance.

Meeting Proceedings

Forty-two members attended the virtual meeting. Four shareholders addressed the management team during the session. The voting results confirm that promoter group shareholders (holding 22,13,510 shares) participated fully via e-voting, casting 100% of their votes in favor of all resolutions.

Premco Global Limited has submitted proof of publication for its post-dispatch newspaper advertisements regarding the 42nd Annual General Meeting (AGM) to the Bombay Stock Exchange (BSE). The disclosure, made on August 08, 2026, confirms compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This procedural step follows the company’s earlier filing of its Annual Report for the financial year ended March 31, 2026, which highlighted a divergence between standalone and consolidated financial performance.

The advertisements were published in Active Times and Mumbai Lakshadweep. They provide shareholders with critical details regarding the dispatch of the AGM notice and the Annual Report for FY26. Key information included in the publications covers instructions for remote e-voting, final dividend details, and the record date fixed as August 26, 2026, for determining eligibility for both dividend receipt and voting rights.

Financial Performance Context

The AGM agenda includes the adoption of audited financial statements for FY26. On a standalone basis, Premco Global reported a net profit after tax (PAT) of ₹1,393.18 Lakhs, an increase of 4.64% from ₹1,331.34 Lakhs in the previous year. Total revenue stood at ₹7,373.84 Lakhs, reflecting a 6.99% decline year-on-year. Conversely, consolidated PAT dropped significantly by 37.02% to ₹598.73 Lakhs from ₹950.75 Lakhs, primarily due to tariff measures imposed by the United States and geopolitical uncertainties affecting global trade.

Dividend and AGM Details

The Board of Directors has recommended a final dividend of ₹2.00 per equity share of face value ₹10.00 each, subject to member approval at the AGM. Including interim and special dividends declared earlier, the total dividend payout for FY26 amounts to ₹44 per equity share. The Register of Members and Share Transfer Books will remain closed from August 27, 2026, to September 02, 2026.

The 42nd AGM is scheduled for September 02, 2026, at 3:00 P.M. (IST) via Video Conferencing/Other Audio Visual Means. Remote e-voting commenced on August 29, 2026, and concludes on September 01, 2026. Other key agenda items include the re-appointment of Mrs. Sonia Harjani as a Director retiring by rotation.